
Maryland Woman Indicted for Felony Insurance Fraud and Theft
A Maryland woman faces felony insurance fraud and theft charges after allegedly submitting fraudulent claims totaling over $180,000 to USAA.
July 23, 2024
Fraud
Insurance Industry
Litigation
Property
Maryland

NCIGF Enhances Support for Insurers
The National Conference of Insurance Guaranty Funds (NCIGF) is bolstering its efforts to assist state guarantee funds, focusing on operational support, education, and public policy management.
July 23, 2024
Education & Training
Insurance Industry
Property
Risk Management

Inflation Continues to Lead Insurers’ Concerns
Despite cooling predictions, inflation remains the primary concern for insurance executives worldwide for the third consecutive year, according to the International Insurance Society's annual survey.
July 23, 2024
Insurance Industry
Property
Risk Management
Technology
Florida

Insurance Adjusters Face Overwhelming Workload Challenges
Adjusters in the insurance industry, particularly those working in property claims, are expressing significant frustration and burnout due to overwhelming workloads and unrealistic expectations.
July 22, 2024
Auto
Catastrophe
Insurance Industry
Workers' Compensation
Minnesota

Two Russian Nationals Plead Guilty in LockBit Ransomware Case
Ruslan Astamirov and Mikhail Vasiliev admitted their roles in deploying the LockBit ransomware, leading to over 2,500 attacks and $500 million in ransom payments, marking a significant step in combating the notorious hacking group.
July 22, 2024
Fraud
Litigation
Technology
Arizona
Florida
New Jersey
Virginia

Increasing Risk in Sensitive Data Communications: Kiteworks 2024 Report
The 2024 Kiteworks report highlights the rising risks associated with the proliferation of communication tools, data exchanges with third parties, and inadequate governance, emphasizing the urgent need for enhanced data security and compliance measures.
July 22, 2024
Insurance Industry
Litigation
Risk Management
Technology
California

Pennsylvania Introduces Regulatory Changes for Surplus Line Licensees and Policyholder Incentives
Pennsylvania's latest insurance regulations allow surplus line licensees to charge service fees and offer enhanced nonmonetary gifts to policyholders, improving transparency and market dynamics.
July 22, 2024
Excess & Surplus Lines
Insurance Industry
Legislation & Regulation
Risk Management
Pennsylvania

Policyholders Prepare Claims Post CrowdStrike Outage
Policyholders are preparing to file claims after a CrowdStrike outage, which was confirmed to be a non-cyberattack caused by a software update issue.
July 22, 2024
Insurance Industry
Risk Management
Technology

Mulch: An Overlooked Fire Hazard in California’s Landscaping
In wildfire-prone California, mulch can inadvertently create a fire hazard, prompting homeowners to consider safer landscaping alternatives.
July 22, 2024
Catastrophe
Insurance Industry
Property
Risk Management
California

Balancing Technology and Human Touch in Insurance Fraud Detection
Technology aids in spotting insurance fraud, but human expertise remains crucial to ensure accuracy and maintain consumer trust.
July 22, 2024
Fraud
Insurance Industry
Risk Management
Technology

California Insurance Commissioner Calls for In-Depth Analysis of Silicosis Workers’ Compensation Claims
California Insurance Commissioner Ricardo Lara has requested a comprehensive study from the WCIRB on workers' compensation claims for silicosis, aiming to better understand and support affected workers.
July 22, 2024
Insurance Industry
Legislation & Regulation
Life & Health
Workers' Compensation
California

Gulf Coast Disasters 2020-2021: Impacts and Lessons
Exploring the compounded impacts of multiple disasters on Gulf Coast communities from 2020 to 2021 and the lessons learned to enhance future resilience.
July 22, 2024
Catastrophe
Life & Health
Property
Risk Management
Alabama
Florida
Louisiana
Mississippi
Texas

Independent Agents Ensure Safe Summer Celebrations for Homeowners
Independent agents play a crucial role in helping clients find the right home insurance policies and sharing essential safety tips, especially during summer.
July 19, 2024
Education & Training
Insurance Industry
Liability
Risk Management

Microsoft Cloud Outage Highlights Cyber Insurance Challenges
The recent Microsoft Cloud outage is expected to drive significant business interruption claims, challenging the cyber insurance industry, particularly specialist insurer Beazley.
July 19, 2024
Insurance Industry
Risk Management

Pennsylvania Dental Office Employee Admits to Stealing $35,000
An administrative assistant admitted to stealing over $35,000 from an Adams County dentist's office, forging insurance claims, and depositing checks into her personal account, according to court documents.
July 19, 2024
Fraud
Insurance Industry
Litigation
Risk Management
Pennsylvania



